Off 4 traders based on current prices and consensus EPS for 2016 stocks
ANZ PE 10.6
NAB PE 12.2
BEN PE 11.2
WPC PE 12.2
BOQ PE 11.4
Consensus EPS for HNZ for FY16 11.0 cps...pick whatever PE you think is appropriate, at $1.17 it trades on a PE of 10.64 - Decide for yourself if you think its under-priced.
Disc I am still on the side-lines and while its fair to say dairy isn't as bleak as it was they're not out of the woods yet with an average loan value to dairy farmers in the 60% plus range...what banking guru ever thought it a good idea to let their average LVR to this sector get into the 60% plus range goodness only knows ?